Economics

The pay gap between men and women is a longstanding problem in both American workplaces and women’s lives, and a new experiment reveals why a commonly proposed solution may not actually help. There have been...

When the housing bubble popped in 2008, the effects spread rapidly from the United States throughout the global economic system, leaving mass unemployment, income inequality, and utter devastation in its wake....

At the heart of the economics of aging is the key question: how should we divide things between retired and working people? As the population gets older, answering that question will get more difficult.

This article was originally published on The Conversation. Read the original article. Greece’s economy is in ruins. It is hard to imagine how things could have gone worse. Banks closed, no liquidity,...

Economic Fables by Ariel Rubinstein Part memoir, part introduction to microeconomic theory, this beautifully written book by Ariel Rubinstein should be required reading for any student of economics. It...

Rationality is the concept of human behavior at the heart of economic theory. But what does it mean? To an economist, rational people come in all shapes and sizes. What is rational depends on what you like: with the right motivation, any behavior can be rationalized.